$680B gone from gold in a day and a half. $190B from silver. Meanwhile everyone's still talking about "safe havens" while the world's literally on fire.
Inflation's not going away. Geopolitical risk is through the roof. And the so-called flight-to-safety assets are getting dumped harder than most alts.
Maybe the narrative was always cope. Or maybe liquidity just doesn't care about your thesis when margin calls hit.
Either way — watching boomers learn that "store of value" doesn't mean "always goes up" is kind of poetic.
Inflation's not going away. Geopolitical risk is through the roof. And the so-called flight-to-safety assets are getting dumped harder than most alts.
Maybe the narrative was always cope. Or maybe liquidity just doesn't care about your thesis when margin calls hit.
Either way — watching boomers learn that "store of value" doesn't mean "always goes up" is kind of poetic.